Finance structure and its management for a rural electrification NAMA

UNDP MDG Carbon has recently released Guidance Paper which describes a model approach to financing the development, implementation, and operation of a sector-wide programme for renewable energy rural electrification as a Nationally Appropriate Mitigation Action. One of the main issues facing developing countries is the lack of electricity access by their rural population. Therefore, the main objective of this Guidance Paper is to facilitate greater access to electricity by rural communities through the provision of climate finance under a National Appropriate Mitigation Action (“NAMA”).